ProCEEd #34 > Ukrainian Depositphotos raises $5M, Lithuanian TransferGo attracts $2.5M


Welcome to this week’s ProCEEd > Newsletter with tech news stories from all over Central and Eastern Europe.

Despite the holiday season approaching, the past week has brought two significant funding announcements by Ukrainian Depositphotos and Lithuanian Transfergo, which raised $5 million and $2.5 million respectively. In addition to that, check out a few stories about bigger companies, as well as TechCrunch’s coverage of another Ukrainian company, TRData.

Enjoy reading, and have a great week!

I wish you all a Merry Christmas!

Ukrainian Depositphotos has raised $5 million from EBRD & TMT Investments


Lithuanian TransferGo has raised a record $2.5 million seed round


Startup news

VC news

Bigger companies

  • Ukrainian IT companies have met in New York for the Ukraine: Rise of Tech Nation discussion
  • Russian cybersecurity company Kaspersky Lab shakes up US leadership amid geopolitical concerns

Long reads

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